Grand Theft America / Receipt money-2025-03-27-017

Trump pardons four BitMEX crypto exchange executives

Trump pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, Samuel Reed, and former executive Gregory Dwyer, who had pleaded guilty to Bank Secrecy Act violations for failing to implement anti-money-laundering controls.

Verified through 2026-07-08Source: DecryptCorrections: none logged

What happened

The pardons, issued March 27, 2025, came amid a broader pattern of clemency for crypto executives during Trump's first year back in office, following the earlier Ulbricht pardon.

Why it matters

The pardons cleared founders of a major offshore crypto exchange of financial-crime convictions just as the Trump family was building out its own crypto ventures, raising concerns the administration was systematically rehabilitating crypto figures positioned to become business partners or political allies.

Receipt details

  • Trade the pardons
  • No cash figure

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